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Author Topic: Will Bitcoin collapse or mature?  (Read 724 times)
milewilda
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January 06, 2022, 07:36:45 PM
 #61

Quote
I'm not surprised to see that there are still people who believe that it's all a bubble about to burst.

That there are people who know that it's all a bubble already bursting shouldn't be surprising, since it's been proved by confirmed math and science.
I beg to know more information about these people who have proved that it's all a bubble. I'd like to know what part of math and science is proving that Bitcoin is a bubble, about to burst. Despite rumors and assumptions, I'm yet to see any solid evidence, as you're mentioning.

On top of that, you didn't answer my question regarding where you're standing on this forum, since you don't sound like a Bitcoin supporter.

What does bitcoin have to do with bubbles in math or science.
While bitcoin is a digital currency, ups and downs in price are normal in trading and I think a bubble is just a rumour.
We did really come into a point specially into those early years that having that impression that bitcoin is a bubble specially the volatility involves on it specially on the time that we did really make out that crash wayback on 2018 and other older years basing up on history which is a very common impression which cant really be blamed off but now that bitcoins price had established and the support and recognition had become more stronger and better then we could really say that we are really going on that maturity and this isnt something that we cant really stop nor get rid off
because we are really heading there on where recognition is increasing.

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January 06, 2022, 07:43:11 PM
 #62

Right now I'm still waiting for a bullrun for bitcoin, but if you look at the current conditions I doubt that bitcoin will experience that change, indeed everyone believes that in the future Bitcoin will experience an increase, but not in these two months in my opinion, the future of crypto is very dependent on the development of bitcoin , if in the future a total correction will occur, then this will greatly affect the development of crypto as a whole, believe it or not, look at the conditions that occurred before.
Didn't we just passed on a bitcoin bull run? Why wait again if there's a bull run that just ended? There's fact in what you say, there's a possibility that in the future most of the alts will be lesser and they're all reliant to bitcoin and that's for sure.
No matter how many altcoin projects are in development and they're good at it, still, many investors will look up to bitcoin because it's the main market maker.



 

 

 

 

 

 


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cafucafucafu
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January 06, 2022, 11:57:01 PM
 #63

I think that it will mature.

We are already seeing a lot of traditional finance being integrated with BTC, including ETF approvals, companies accepting BTC for payments, as well as companies holding BTC on their own balance sheets as stores of value.

If this is not a sign of constant maturation, I don't know what is.
The adoption is happening, that’s a good sign of maturity and of course no one can know if this market will collapse  or it will continue to rise as expected by many. Better to look for more good and positive predictions to avoid any doubt and fear when it comes to Bitcoin and cryprtomarket. Also, its still advisable to have fiat money investment as well to ensure your liquidity if something bad happen in cryprtomarket, nothing is permanent here.

I actually disagree with the statement that no one knows.

I think that with the current trajectory of where things are, most people would agree based off of consensus that BTC and all blockchain technologies will continue to mature into the future where there will be massive governmental and institutional adoption.

The question really lies with the scale and extent of this happening - exactly how long will this take as well. Profits are not guaranteed but I think progress will be.

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January 07, 2022, 06:19:19 AM
 #64

The history of Bitcoin says that it is going to mature day by day. Concerned neo-hippies and crypto analysts express in the same way. So it will not be a disaster but will get more maturity in the coming days. Though there are few people who are making negative in the market by confusing their fraud thoughts.

There is no doubt that Bitcoin is becoming more and more mature, and that process of maturation did have to undergo several price drops.
We should all learn from the history of Bitcoin's movement, which is not the first time that Bitcoin's price has fallen so deep, even what is
happening now is not the worst. So no need to worry about what is happening to the Bitcoin price now, we do have to be patient if we want
to make a profit from Bitcoin. Don't be influenced by the circulating FUD, we must have faith that the future of Bitcoin is very bright and
keep positive thinking. Therefore we should just hold the Bitcoin that we have until the market recovers, we will get profit from Bitcoin
if we do that.

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January 07, 2022, 08:27:43 AM
 #65

The history of Bitcoin says that it is going to mature day by day. Concerned neo-hippies and crypto analysts express in the same way. So it will not be a disaster but will get more maturity in the coming days. Though there are few people who are making negative in the market by confusing their fraud thoughts.

There is no doubt that Bitcoin is becoming more and more mature, and that process of maturation did have to undergo several price drops.
We should all learn from the history of Bitcoin's movement, which is not the first time that Bitcoin's price has fallen so deep, even what is
happening now is not the worst. So no need to worry about what is happening to the Bitcoin price now, we do have to be patient if we want
to make a profit from Bitcoin. Don't be influenced by the circulating FUD, we must have faith that the future of Bitcoin is very bright and
keep positive thinking. Therefore we should just hold the Bitcoin that we have until the market recovers, we will get profit from Bitcoin
if we do that.
Right indeed. There's no reason why bitcoin will collapse at the present or in the future as its even gaining higher value every year. The current dump is part of the cycle and its always expected after reaching an all time high or before reaching its new peak. I guess those who believed that bitcoin will collapse are more focus on the current events without even knowing that this has happened a lot of times in the past years but still, bitcoin withstand it all and is even seen in a much higher value after a long dump.

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January 07, 2022, 10:13:47 AM
 #66

Right now I'm still waiting for a bullrun for bitcoin, but if you look at the current conditions I doubt that bitcoin will experience that change, indeed everyone believes that in the future Bitcoin will experience an increase, but not in these two months in my opinion, the future of crypto is very dependent on the development of bitcoin , if in the future a total correction will occur, then this will greatly affect the development of crypto as a whole, believe it or not, look at the conditions that occurred before.
Didn't we just passed on a bitcoin bull run? Why wait again if there's a bull run that just ended? There's fact in what you say, there's a possibility that in the future most of the alts will be lesser and they're all reliant to bitcoin and that's for sure.
No matter how many altcoin projects are in development and they're good at it, still, many investors will look up to bitcoin because it's the main market maker.
Maybe he wants to make a profit from the next bull run and not feel satisfied with the last bull run. We should admit that the bull run can be over right now and we need to wait for some time to see the next bull run. As the price is down a lot from a few days ago, we should be ready if somehow, the price will still go down from this time. But bitcoin will have another bull run in the future and so do with altcoin will have altcoin season so instead of just waiting for the next bull run, we can use this time to buy any coins that have the opportunity to increase later.

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January 07, 2022, 11:14:56 AM
 #67

Collapsing will never happen , Maturing ? of course it does already for 12 years now? or 13 i guess and this is really getting mature each year.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

When things happen that some huge dump comes and yes this will still survive like what had happened in 2020 , so there are more to come for Bitcoin and it will never loss the support from the user and supporter .









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January 07, 2022, 01:08:52 PM
 #68

In my opinion, bitcoin will mature in the future. Although recently the price of bitcoin had fallen to its lowest level, and bitcoin is still not able to return to its record high level. Every difficulty experienced by bitcoin, not a few investors are at stake so that bitcoin does not collapse in the long term. However, despite the still volatile bitcoin price and the potential for bitcoin to fall in the future is still possible, I remain optimistic that the prospects for bitcoin in the future are still quite good.

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January 07, 2022, 02:08:45 PM
 #69

In my opinion, bitcoin will mature in the future. Although recently the price of bitcoin had fallen to its lowest level, and bitcoin is still not able to return to its record high level. Every difficulty experienced by bitcoin, not a few investors are at stake so that bitcoin does not collapse in the long term. However, despite the still volatile bitcoin price and the potential for bitcoin to fall in the future is still possible, I remain optimistic that the prospects for bitcoin in the future are still quite good.
If the time has come that Bitcoin will become mature, what next? That is probably a big question and I may think then about dying. yet, it can be really possible with this market, that even fiat is almost replaced by digital currencies and this crypto will possibly replace by another one, who knows?

It is either going to collapse or get mature, we are not sure of anything in the future but what I foresee in Bitcoin is that it will stay long, not forever. 

R


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January 07, 2022, 09:21:04 PM
 #70

Right now I'm still waiting for a bullrun for bitcoin, but if you look at the current conditions I doubt that bitcoin will experience that change, indeed everyone believes that in the future Bitcoin will experience an increase, but not in these two months in my opinion, the future of crypto is very dependent on the development of bitcoin , if in the future a total correction will occur, then this will greatly affect the development of crypto as a whole, believe it or not, look at the conditions that occurred before.
Didn't we just passed on a bitcoin bull run? Why wait again if there's a bull run that just ended? There's fact in what you say, there's a possibility that in the future most of the alts will be lesser and they're all reliant to bitcoin and that's for sure.
No matter how many altcoin projects are in development and they're good at it, still, many investors will look up to bitcoin because it's the main market maker.
Maybe he wants to make a profit from the next bull run and not feel satisfied with the last bull run. We should admit that the bull run can be over right now and we need to wait for some time to see the next bull run. As the price is down a lot from a few days ago, we should be ready if somehow, the price will still go down from this time. But bitcoin will have another bull run in the future and so do with altcoin will have altcoin season so instead of just waiting for the next bull run, we can use this time to buy any coins that have the opportunity to increase later.
He said that he's still waiting for it, he missed it because it's already happened. But if he's going to analyze it, starting from 2020 up to this time, bitcoin has increased a lot. Just a span of less than a year, still, bitcoin has made significant gain. Whether to admit the bull run is done or not, the price of bitcoin is considerably good no matter how low it may go. And people who are thinking about collapsing, they're out of their minds and that's completely out of this world if it's about the idea of happening to bitcoin.



 

 

 

 

 

 


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January 07, 2022, 09:28:33 PM
 #71

There's no reason why bitcoin will collapse at the present or in the future as its even gaining higher value every year. The current dump is part of the cycle and its always expected after reaching an all time high or before reaching its new peak. I guess those who believed that bitcoin will collapse are more focus on the current events without even knowing that this has happened a lot of times in the past years but still, bitcoin withstand it all and is even seen in a much higher value after a long dump.
There are some people who confuse the situation of a crash and a drop versus collapse. Crash is when the price goes down 50% or so, it needs to be huge, it needs to really disturb the market and we had that in 2021 when price moved from 64k to under 30k at some point and we recovered after that but still it happened.

Correction or drop is when the price goes lower like this, it is only like 10%, you could say 15% or even 20% and it will still not be a huge deal. Whereas collapse is when the price really goes down a lot, like I mean really a lot and that is when we are talking about something that is dangerously low, like maybe even zero which will never happen if you ask me. This is why I believe people should learn the difference between them.

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January 08, 2022, 08:46:01 AM
 #72

I believe there is no such thing called crypto experts they are crypto FUDsters. Tongue
I like to refer to everyone in this space who makes a prediction or the other at best as Crypto Speculator. Crypto is highly a speculative industry. There are no experts. I get your point, however.


On Bitcoin, anyone who is thinking of a collapse happening to Bitcoin at a maturing stage like it's now doesn't truly know the tech. Bitcoin has come to stay. That's the simple message.

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January 08, 2022, 01:08:25 PM
 #73

The point is bitcoin will return to a good track above March in my opinion, when that happens the top altcoins will also have a better impact, regarding greed that was not achieved in the past is a bad thing, now we should make a study of altcoins, then decide which coins we will invest in, considering that the bull run in the future will affect altcoins up from the previous price, if bitcoin conditions have fully recovered and reached a new ATH, take advantage of this condition to get big profits in the future.
I hope that can happen before March this year so we do not have to wait for a long time to get back to make a profit. But if everything is not happening as predicted, we do not have to feel sad but still try to survive and make a profit using any possible way. I still want to accumulate more bitcoin because the price is down too deep and I think that it can get down for more. But I do not want to buy at once instead of spread my order buy at many level price so that will help me sell some of the price increases later.

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January 08, 2022, 06:35:31 PM
 #74

Though every now and then there are articles indicating crypto negative growth, we can see the growth of investors getting into crypto platform with huge investments which supports Bitcoin's massive growth. Besides markets fluctuations, investors are confident on its growth and revenue from it. I would say, Bitcoin is maturing day by day. Wish in few years down the line govts steps out from their circle and adopts Bitcoin. Hope few govts have already done it so. 

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January 08, 2022, 09:10:51 PM
 #75

The point is bitcoin will return to a good track above March in my opinion, when that happens the top altcoins will also have a better impact, regarding greed that was not achieved in the past is a bad thing, now we should make a study of altcoins, then decide which coins we will invest in, considering that the bull run in the future will affect altcoins up from the previous price, if bitcoin conditions have fully recovered and reached a new ATH, take advantage of this condition to get big profits in the future.
I hope that can happen before March this year so we do not have to wait for a long time to get back to make a profit. But if everything is not happening as predicted, we do not have to feel sad but still try to survive and make a profit using any possible way. I still want to accumulate more bitcoin because the price is down too deep and I think that it can get down for more. But I do not want to buy at once instead of spread my order buy at many level price so that will help me sell some of the price increases later.
With the situation I am seeing, it's bound to lose further value in the upcoming days/weeks. The whole economic situation isn't too promising, everything is going through recession, while Covid isn't helping at all. From my point of view, March may sound too optimistic, however, I also anticipate that the entire situation will have improved by then, providing that nothing unexpected appears, such as a new Covid-19 variant.

It's quite sad seeing our money depreciating, but hopefully it will get better soon.

R


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January 08, 2022, 09:53:47 PM
 #76

The point is bitcoin will return to a good track above March in my opinion, when that happens the top altcoins will also have a better impact, regarding greed that was not achieved in the past is a bad thing, now we should make a study of altcoins, then decide which coins we will invest in, considering that the bull run in the future will affect altcoins up from the previous price, if bitcoin conditions have fully recovered and reached a new ATH, take advantage of this condition to get big profits in the future.
I hope that can happen before March this year so we do not have to wait for a long time to get back to make a profit. But if everything is not happening as predicted, we do not have to feel sad but still try to survive and make a profit using any possible way. I still want to accumulate more bitcoin because the price is down too deep and I think that it can get down for more. But I do not want to buy at once instead of spread my order buy at many level price so that will help me sell some of the price increases later.
With the situation I am seeing, it's bound to lose further value in the upcoming days/weeks. The whole economic situation isn't too promising, everything is going through recession, while Covid isn't helping at all. From my point of view, March may sound too optimistic, however, I also anticipate that the entire situation will have improved by then, providing that nothing unexpected appears, such as a new Covid-19 variant.

It's quite sad seeing our money depreciating, but hopefully it will get better soon.
But we all know all these things are just temporary, right? So we cannot say that bitcoin is going to collapse just because of its downward price movement, because this is part of the market life cycle. And when this bearish season will certainly be over, i think bullish season will be the next to appear. By that time, we can see bitcoin gaining its high value and has even more chances to reach higher peaks that time. And for altcoins, if bitcoin will turn bullish, that will also bring a huge positive impact on the market which will create positive prices for altcoins too.

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lizarder
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January 09, 2022, 04:20:54 PM
 #77

The point is bitcoin will return to a good track above March in my opinion, when that happens the top altcoins will also have a better impact, regarding greed that was not achieved in the past is a bad thing, now we should make a study of altcoins, then decide which coins we will invest in, considering that the bull run in the future will affect altcoins up from the previous price, if bitcoin conditions have fully recovered and reached a new ATH, take advantage of this condition to get big profits in the future.
I hope that can happen before March this year so we do not have to wait for a long time to get back to make a profit. But if everything is not happening as predicted, we do not have to feel sad but still try to survive and make a profit using any possible way. I still want to accumulate more bitcoin because the price is down too deep and I think that it can get down for more. But I do not want to buy at once instead of spread my order buy at many level price so that will help me sell some of the price increases later.
The current conditions give us the opportunity to buy some bitcoins, and actually we expect bitcoins to drop even more, to make purchases, but I don't believe in the future bitcoin will fall too sharply at subpar prices, considering as I said before, In March bitcoin will reach its maximum price. Whatever happens, at least we can take big profits from this investment, otherwise, any condition will not affect our investment.

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Ultegra134 (OP)
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January 09, 2022, 06:01:48 PM
 #78

The point is bitcoin will return to a good track above March in my opinion, when that happens the top altcoins will also have a better impact, regarding greed that was not achieved in the past is a bad thing, now we should make a study of altcoins, then decide which coins we will invest in, considering that the bull run in the future will affect altcoins up from the previous price, if bitcoin conditions have fully recovered and reached a new ATH, take advantage of this condition to get big profits in the future.
I hope that can happen before March this year so we do not have to wait for a long time to get back to make a profit. But if everything is not happening as predicted, we do not have to feel sad but still try to survive and make a profit using any possible way. I still want to accumulate more bitcoin because the price is down too deep and I think that it can get down for more. But I do not want to buy at once instead of spread my order buy at many level price so that will help me sell some of the price increases later.
With the situation I am seeing, it's bound to lose further value in the upcoming days/weeks. The whole economic situation isn't too promising, everything is going through recession, while Covid isn't helping at all. From my point of view, March may sound too optimistic, however, I also anticipate that the entire situation will have improved by then, providing that nothing unexpected appears, such as a new Covid-19 variant.

It's quite sad seeing our money depreciating, but hopefully it will get better soon.
But we all know all these things are just temporary, right? So we cannot say that bitcoin is going to collapse just because of its downward price movement, because this is part of the market life cycle. And when this bearish season will certainly be over, i think bullish season will be the next to appear. By that time, we can see bitcoin gaining its high value and has even more chances to reach higher peaks that time. And for altcoins, if bitcoin will turn bullish, that will also bring a huge positive impact on the market which will create positive prices for altcoins too.
Depends on what you call as temporary. Three years passed for Bitcoin to recover after the 2017 crash. On the other hand, I get your point, it eventually recovered and that's what it matters. However, plenty of people, including myself, got disappointed and abandoned Bitcoin all together. Fortunately, I left my wallet untouched, and didn't sell any, on the one hand, I completely abandoned hope, but on the other one, there was a little bit of hope that it will eventually recover.

Particularly, I don't mind waiting, I'm patient enough, while aiming for long term, but a vast amount of people don't survive such crashes.

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January 10, 2022, 04:09:52 AM
 #79

The history of Bitcoin says that it is going to mature day by day. Concerned neo-hippies and crypto analysts express in the same way. So it will not be a disaster but will get more maturity in the coming days. Though there are few people who are making negative in the market by confusing their fraud thoughts.
There is no doubt that Bitcoin is becoming more and more mature, and that process of maturation did have to undergo several price drops.
We should all learn from the history of Bitcoin's movement, which is not the first time that Bitcoin's price has fallen so deep, even what is
happening now is not the worst. So no need to worry about what is happening to the Bitcoin price now, we do have to be patient if we want
to make a profit from Bitcoin. Don't be influenced by the circulating FUD, we must have faith that the future of Bitcoin is very bright and
keep positive thinking. Therefore we should just hold the Bitcoin that we have until the market recovers, we will get profit from Bitcoin
if we do that.
Right indeed. There's no reason why bitcoin will collapse at the present or in the future as its even gaining higher value every year. The current dump is part of the cycle and its always expected after reaching an all time high or before reaching its new peak. I guess those who believed that bitcoin will collapse are more focus on the current events without even knowing that this has happened a lot of times in the past years but still, bitcoin withstand it all and is even seen in a much higher value after a long dump.

Why is it highly recommended to learn about Bitcoin before deciding to invest, so that at least we don't panic if we see the current Bitcoin price drop.
It is true that Bitcoin has repeatedly experienced deep price declines, until I do not remember how many times Bitcoin has decreased in price.
What is certain is that every year the price decreases, and what's interesting is that Bitcoin will also go higher after the price has fallen deep enough.
Knowing this fact, we should not hesitate to buy Bitcoin now, which is now quite low Bitcoin price, so now is a good time if we want to buy Bitcoin.
I'm also sure that only newbies and ignorant people are selling Bitcoin at the current price, because if we already know Bitcoin well, it is impossible
to sell the Bitcoin we have today. My prediction is Bitcoin this year will be better than 2021, and the target of $100k is likely to be achieved this year.

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January 10, 2022, 09:12:18 AM
 #80

The point is bitcoin will return to a good track above March in my opinion, when that happens the top altcoins will also have a better impact, regarding greed that was not achieved in the past is a bad thing, now we should make a study of altcoins, then decide which coins we will invest in, considering that the bull run in the future will affect altcoins up from the previous price, if bitcoin conditions have fully recovered and reached a new ATH, take advantage of this condition to get big profits in the future.
I hope that can happen before March this year so we do not have to wait for a long time to get back to make a profit. But if everything is not happening as predicted, we do not have to feel sad but still try to survive and make a profit using any possible way. I still want to accumulate more bitcoin because the price is down too deep and I think that it can get down for more. But I do not want to buy at once instead of spread my order buy at many level price so that will help me sell some of the price increases later.
The current conditions give us the opportunity to buy some bitcoins, and actually we expect bitcoins to drop even more, to make purchases, but I don't believe in the future bitcoin will fall too sharply at subpar prices, considering as I said before, In March bitcoin will reach its maximum price. Whatever happens, at least we can take big profits from this investment, otherwise, any condition will not affect our investment.
But remember that everytime is a best opportunity to buy because we don't know when bitcoin will increase or decrease but of course this lowering moment is the best chance to accumulate more crypto , but remember that don't wait for too much dump because you might be late for the chance to buy and profit when the pump happens.
though this year is questionable for me if the rise will continue or the dropping will take over but one thing we are sure that bitcoin will never collapse instead maturity will happen from year after year as long as we are here to buy, support and use crypto as what this is made and that is for circulation and transacting.

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